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Forex Forecast System

This is a all-in-one indicator with great proprietary forecast feature. Indicator calculates trading direction and forecast levels for the current chart and for the higher and lower charts. Best opportunity for trading is when all trade signals are in line in the direction of the forecast based on the lower chart (see screenshot).

The indicator also includes all traditional stuff:

  • Trend indicator (current chart and higher & lower charts)
  • Reversal signal (based on Williams Percent Range - WPR)
  • Divergence (which is a great means for trend change detection)
  • Buy and Sell Trading signals (for the current chart and for the higher & lower charts. We trade the current chart based on entry and exit signals of the lower chart. Best suitable for M5 trading (short trades)
  • Support and resistance zones (based on H4)
  • Various alerts

Indicator can be used on all timeframes.

Give it a try in rent... only 10 USD per month. You will not be disappointed. Thank You & Happy Trading to You!

  1. DisplayTradingInfo - If set to true... Displays trading info on the window (spread/lots/ProfitLoss)
  2. DisplayChartInfoOnIndicatorZone - If set to true... Displays useful chart info in the indicator zone
  3. DisplayBarTime - If set to true... Displays the remaining bar time
  4. DisplayBidOnChart - If set to true... Displays the current bid value
  5. DisplayDayHighDayLow - If set to true... Displays a line for the previous day high and low
  6. DisplayAskLine - If set to true... Displays (short) Ask Line in the window
  7. DisplayTradeArrows - If set to true... Displays a arrow when a trade is opened (also displays the opening price)
  8. DisplayTrends - If set to true... Displays the trend arrow of the current chart and of the higher & lower charts
  9. DisplaySignals - If set to true... Displays the trade signal arrows of the current chart (all) and of the higher & lower charts (only one). A confirmed signal is more reliable
  10. DisplayForecasts - If set to true... Displays the forecast of the current chart and of the higher & lower charts (only general info)
  11. DisplaySupportAndResistande - If set to true... Displays the support and resistance zones
  12. ForecastAlerts - If set to true... Alerts when a new forecast is calculated
  13. ConfirmedSignalAlerts - If set to true... Alerts on confirmed *** trade signal change in the current chart
  14. ChartSignalAlerts - If set to true... Alerts on ** trade signal change in the current chart
  15. HigherChartSignalAlerts - If set to true... Alerts on * trade signal change in the higher chart
  16. LowerChartSignalAlerts - If set to true... Alerts on * trade signal change in the lower chart
  17. TradeAlerts - If set to true... Alerts when a trade is closed either on stoploss or takeprofit
  18. DisplayDivergence - If set to true... Displays the divergence bars... Divergence is mostly early... so, it MUST be confirmed by the (confirmed) trade signal! I use it for trade protection (stoploss adjusting or even closing) and for trade warning (no more trading in the direction of that trend). Please turn off if it confuses you
  19. WPRArrow - Displays the Williams Percent Range Arrow for all charts equal or above the setting (recommended setting is 30 - is turned off when 0). The WPR signal is known as a very early and very sensitive reversal signal (it can repaint)... therefore, it MUST be confirmed by a (confirmed) trade signal! It's a great tool for identifying the Tops and Bottoms. Please turn off if it confuses you
  20. LongTermTrendPeriod - Setting for the calculation of the long term trend (recommended setting is 26)
  21. ShortTermTrendPeriod - Setting for the calculation of the short term trend (recommended setting is 14)
  22. ColorStartOfTradingDay - Setting for the color of the start of new trading day line
  23. ColorChartInfo - Setting for the color of the chart info
  24. ColorRemainingBarTime - Setting for the color of the remaining bar time
  25. ColorAskLine - - Setting for the color of the ask line
  26. ColorBidOnChart - Setting for the color of the current bid value
  27. ColorDayHighLine - Setting for the color of the previous day high
  28. ColorDayLowLine - Setting for the color of the previous day low
  29. ColorSupportResistanceZones - Setting for the color of the support and resistance zones
  30. ColorDivergenceLine - Setting for the color of the divergence line
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